What Would Steve Jobs Do?

Total Page:16

File Type:pdf, Size:1020Kb

What Would Steve Jobs Do? What would Steve Jobs do? What would Steve Jobs do? How the Steve Jobs Way Can Inspire Anyone to Think Differently and Win PETER SANDER Copyright © 2012 by Peter Sander. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. ISBN: 978-0-07-179275-2 MHID: 0-07-179275-9 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-179274-5, MHID: 0-07-179274-0 All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at [email protected]. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw- Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hill’s prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms. THE WORK IS PROVIDED “AS IS.” McGRAW-HILL AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise. CONTENTS INTRODUCTION $380 Billion Anatomy of a Superstar The Core Idea A Road Map to Excellence CHAPTER 1 BORN Early Adoption Open Circuit Enlightenment The Apple I, Almost a Computer Executek? Or Apple Computer? Rejection? So What: The Vision Gains Momentum From Genesis to Exodus A Mac in Every Household CHAPTER 2 BORN AGAIN What Came NeXT More Than a Toy Story Back to the Future: Steve Returns to Apple The Vision Gets a Soundtrack One-Button Success: The iPhone Putting It All Together: The iPad Against the Grain: Achieving Excellence in Retail “Unfortunately, That Day Has Come …” CHAPTER 3 MODEL All Leaders Are Tyrants Button-Down Definitions of Leadership A Different Drummer The “Tyrant” Part Rule Maker, Rule Breaker A Definition Steve Would Have Liked Achievement, Not Money and Power The Zen of Respect The Right Hand for the Left Hand The Steve Jobs Leadership Model CHAPTER 4 CUSTOMER A Decent Burial Faster Horses Don’t Matter There’s a “C” in Leadership Sensing Your Customers See the Customer See the Experience Be the Customer Should You Try This Yourself? Developing Your Own Customer Connectivity Vision: The Glue Connecting the Customer to Your Organization CHAPTER 5 VISION Not Invented Here—Just Made Perfect The Difference between Invention and Innovation What Is a Visionary? Can You Be a Visionary? What Is a Vision? Don’t Confuse Vision with a Mission Don’t Confuse Vision with Passion It’s All about Synthesis CHAPTER 6 CULTURE The Culture of Can Do “It’s More Fun to Be a Pirate Than to Join the Navy” “The System Is That There Is No System” “The Only Way to Do Great Work Is to Love What You Do” Keeping the Focus CHAPTER 7 PRODUCT Cool Air at the Summit “It’s Not a Phone, It’s a Platform” “Simple Can Be Harder Than Complex” Don’t Forget the Cool CHAPTER 8 MESSAGE Be the Face of Your Company Outside In The Message—Simple and Elegant Special Delivery CHAPTER 9 BRAND Brand Essence On Developing a Personal Brand Personal Brand Matters Personal Brand, Company Brand Reaching the Summit The Legacy Lives On INDEX INTRODUCTION Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve. —Apple Inc. company statement, October 5, 2011 “Stay hungry, stay foolish.” That’s what Steve Jobs told us all on June 12, 2005, when he gave the now- famous 2005 commencement address to the graduating students of Stanford University. In that address, he told three stories: about “connecting the dots,” about love and loss, and about death. It was a moving speech. It moved everybody in the audience. It moved many of us beyond that Stanford audience, the many fans of Jobs who had heard of his cancer diagnosis a year earlier. It has moved a lot of people since then. Among all commencement addresses, Steve’s 2005 address is the clear winner, as measured by YouTube viewings. On September 10, 2011, Steve Jobs led this race by a comfortable margin. The 2005 speech had been viewed 5,268,012 times. The runners-up were Carnegie Mellon’s dying professor- turned-writer Randy Pausch with 1,371,075 views, Will Ferrell’s 1,176,606 views for Harvard 2003, and Oprah’s 716,982 views for her 2008 address to a similar Stanford audience. We were all following Steve’s lead and his sage advice even then. But by October 10, 2011, that same Stanford address had been viewed 11,022,670 times. That’s a gain of roughly six million views in the five days after he passed away on October 5, 2011. I can think of no better way to measure the adoration of Steve’s followers, who hail from so many parts of the human race. What other business leader would have come close? What other business leader has garnered the attention of so many in the business world, so many in the academic world, and so many in the consumer world? How many, beyond the 40,000 employees inside of Apple, consider him one of the great guiding lights and leaders of the free world? I saw the flowers. I saw the apples. I personally saw the pictures and letters and everything else that made up the memorial left in front of Apple’s Cupertino headquarters on One Infinite Loop. By the Saturday following Steve’s passing, those memorials would have covered a tennis court. The memorials left in front of 357 Apple Stores around the world were equally moving, if not as large in size. How did he gain this status? How did he become a guru? How did he get the nod as the world’s greatest technology leader, and one of the greatest leaders, period, of all time? How did Steve “beat out” Microsoft’s Bill Gates, who consistently captured more than 80 percent of the personal computing market and had more than five times the wealth Steve did? How many of us, even those who don’t own Apple products, revere the man for what he did and wish we could mimic even a piece of his innovative genius and leadership formula? How many of us, especially in the business world, wish we could rise to the plateau of name-brand status? And not just name brand, but our first name as the brand—“Steve”? Not Michael Jordan, but just plain “Mike.” Just like Mike. Be like Mike. Not Steve Jobs, but just Steve. Steve, a true superstar. President Barack Obama may have summed it up as well as anyone: “The world has lost a visionary. And there may be no greater tribute to Steve’s success than the fact that much of the world learned of his passing on a device that he invented.” $380 BILLION Leaders can be adored and admired for a wide range of reasons, from a gripping personality and humor all the way to saving the Union. Business leaders are admired for creating successful businesses. On that note, the legacy of Apple Inc. speaks for itself: $380 billion. Billion with a “B.” That’s how much the financial world, aka the stock market, values Apple Inc.
Recommended publications
  • Marketing Management -Prof
    Symbiosis Institute of Media and Communication, Pune Marketing Management -Prof. Chandan Chatterjee Marketing Diary Apple Macbook Pro Submitted By: YASMIN HUSSAIN 144 MBA 2011-2013 2 TABLE OF CONTENTS TOPICS PAGE NO. Product chosen 5 About the company 6 About the product 7 AMA and Marketing 8 • AMA • Marketing • My view Customer Value 11 • Value chain analysis • Customer Perceived Value Product 20 • Core/Augmented Products and Services • Product Levels • Product classification and hierarchy • Product Mix • Product Lifecycle • Industry Lifecycle Competitors 27 • Competitor Map • Direct Competitor Comparison • Competitive Forces • Market Share Pricing 31 Brand 33 • Branding • Brand Equity • Branding Strategy • Apple and the environment 3 Marketing Communications 42 • Marketing Mix • Marketing Communications Mix (ATL & BTL) • IMC Campaigns Distribution Decisions 87 • Distribution Structure • Target • B2B Channels • B2C Channels • Retail Strategy – SWOT Analysis • Apple Store Vs Luxury Retailers Sales Management 95 Consumer Behavior / Organizational Behavior 96 • Consumer Decision Making • Consumer Satisfaction • Organizational Culture • Organizational Structure STP 103 • Segmentation • Targeting • Positioning Role of Marketing Management 107 • Marketing Manager Role What makes Apple different? 109 • Income Sheet • Milestones • Apple without Steve Jobs References 120 4 PRODUCT CHOSEN APPLE MACBOOK PRO 5 ABOUT THE COMPANY- APPLE Industry: Computer Hardware, Computer Software, Consumer Electronics, Digital Distribution Founded on: 1 April 1976
    [Show full text]
  • How Do We Keep Physical Stores Relevant in the Digital Age?
    STORES: WHAT NOW? How do we keep Physical Stores Relevant in the Digital Age? A State of the Industry Report By: LEE PETERSON CHRIS Executive Vice President, DOERSCHLAG Brand, Strategy & Design Chief Executive Officer 4 Winning back the storeless generation It’s a new dawn, retailers! Hope you’re ready. 6 Let’s Talk about BOPIS As we look across the fluid landscape of physical buy online, pick up in store retail today, there are four disruptors affecting every aspect of selling goods that simply must be recognized and called out. In our minds, these are the powerful 8 Customer prerequisites to being successful now and going forward into what should be the most interesting— Segmentation albeit scary—period in retail history. the advantages and limitations Let’s commiserate. 10 People Make the Difference but they need to be up to the task, and that’s up to you 12 The Omnichannel Dilemma focus or fail 15 5 Mobile Retailing Tips Live-Shop keeping pace with fast A huge shift in consumer mentality has bludgeoned the thinking of all moving consumers retailers, regardless of vertical. Shoppers, especially younger ones, no longer shop and live separately, they/we all live-shop simultaneously. One consumer told us, “I needed something, remembered it at work, shrank down what 16 Human Interaction I was doing, went online and bought it—5 minutes.” We are shopping all community and connection the time now, not within store hours and not necessarily in stores at all. Consequently, not only have retailers had to compete online, but the days of the “stack it high and let it fly” experience are over.
    [Show full text]
  • Pixar's 22 Rules of Story Analyzed
    PIXAR’S 22 RULES OF STORY (that aren’t really Pixar’s) ANALYZED By Stephan Vladimir Bugaj www.bugaj.com Twitter: @stephanbugaj © 2013 Stephan Vladimir Bugaj This free eBook is not a Pixar product, nor is it endorsed by the studio or its parent company. Introduction. In 2011 a former Pixar colleague, Emma Coats, Tweeted a series of storytelling aphorisms that were then compiled into a list and circulated as “Pixar’s 22 Rules Of Storytelling”. She clearly stated in her compilation blog post that the Tweets were “a mix of things learned from directors & coworkers at Pixar, listening to writers & directors talk about their craft, and via trial and error in the making of my own films.” We all learn from each other at Pixar, and it’s the most amazing “film school” you could possibly have. Everybody at the company is constantly striving to learn new things, and push the envelope in their own core areas of expertise. Sharing ideas is encouraged, and it is in that spirit that the original 22 Tweets were posted. However, a number of other people have taken the list as a Pixar formula, a set of hard and fast rules that we follow and are “the right way” to approach story. But that is not the spirit in which they were intended. They were posted in order to get people thinking about each topic, as the beginning of a conversation, not the last word. After all, a hundred forty characters is far from enough to serve as an “end all and be all” summary of a subject as complex and important as storytelling.
    [Show full text]
  • Higher Ground: Rosanne Haggerty Founder and Director of Nonprofit C
    Higher Ground: Rosanne Haggerty Founder and Director of Nonprofit C... http://magazine.wsj.com/hunter/donate/higher-ground/2/ More News, Quotes, Companies, Videos SEARCH Tuesday, July 6, 2010 FEATURES HUNTER GATHERER FASHION NOMAD WSJ HOT TOPICS: SOPHIE DAHL'S FAVORITE SCENTS THE GURU OF PANDORA RADIO SLOW TRAVEL LOUIS VUITTON'S LOGO DONATE JUNE 10, 2010 ET Rosanne Haggerty has found a way to use good design and business savvy to take the blight out of the city ARTICLE COMMENTS (1) WSJ. MAGAZINE HOME PAGE » 1 of 4 7/6/2010 11:16 AM Higher Ground: Rosanne Haggerty Founder and Director of Nonprofit C... http://magazine.wsj.com/hunter/donate/higher-ground/2/ Email Print Permalink + More Text Search WSJ. Magazine By Alastair Gordon When the Prince George reopened in 1999, it offered job-training counselors, health services, psychologists, therapists and even acupuncturists. “We make it easy for people to succeed,” Haggerty says. And that luxe ballroom? “We organized a job-training collaboration with four other not-for-profits who restored the space,” Haggerty says, explaining that this reduced the cost to $1.5 million. The ballroom now generates $800,000 in annual rentals. “Rosanne takes conventional wisdom and turns it on its head,” says Alexander Gorlin, an architect who designed the recently opened The Brook in the South Bronx, a housing facility built on a former cockfighting venue at 148th Street. “People on the street stop by and ask, ‘Is this a new condominium building? How do I get in?’ ” Gorlin, who is best known for designing high-end homes in the Hamptons and Manhattan, gave the shelter open-air terraces, a community vegetable garden and a shared green-roof landscape.
    [Show full text]
  • To Infinity and Back Again: Hand-Drawn Aesthetic and Affection for the Past in Pixar's Pioneering Animation
    To Infinity and Back Again: Hand-drawn Aesthetic and Affection for the Past in Pixar's Pioneering Animation Haswell, H. (2015). To Infinity and Back Again: Hand-drawn Aesthetic and Affection for the Past in Pixar's Pioneering Animation. Alphaville: Journal of Film and Screen Media, 8, [2]. http://www.alphavillejournal.com/Issue8/HTML/ArticleHaswell.html Published in: Alphaville: Journal of Film and Screen Media Document Version: Publisher's PDF, also known as Version of record Queen's University Belfast - Research Portal: Link to publication record in Queen's University Belfast Research Portal Publisher rights © 2015 The Authors. This is an open access article published under a Creative Commons Attribution-NonCommercial-NoDerivs License (https://creativecommons.org/licenses/by-nc-nd/4.0/), which permits distribution and reproduction for non-commercial purposes, provided the author and source are cited. General rights Copyright for the publications made accessible via the Queen's University Belfast Research Portal is retained by the author(s) and / or other copyright owners and it is a condition of accessing these publications that users recognise and abide by the legal requirements associated with these rights. Take down policy The Research Portal is Queen's institutional repository that provides access to Queen's research output. Every effort has been made to ensure that content in the Research Portal does not infringe any person's rights, or applicable UK laws. If you discover content in the Research Portal that you believe breaches copyright or violates any law, please contact [email protected]. Download date:28. Sep. 2021 1 To Infinity and Back Again: Hand-drawn Aesthetic and Affection for the Past in Pixar’s Pioneering Animation Helen Haswell, Queen’s University Belfast Abstract: In 2011, Pixar Animation Studios released a short film that challenged the contemporary characteristics of digital animation.
    [Show full text]
  • Not for Sale
    Chapter 2: Traits, Behaviors, and Relationships NOT FOR SALE YOUR LEADERSHIP CHALLENGE After reading this chapter, you should be able to: • Outline some personal traits and characteristics that are associated with effective leaders. • Identify your own traits that you can transform into strengths and bring to a leadership role. • Distinguish among various roles leaders play in organizations, including operations roles, collaborative roles, and advisory roles, and where your strengths might best fit. • Recognize autocratic versus democratic leadership behavior and the impact of each. • Know the distinction between people-oriented and task-oriented leadership behavior and when each should be used. • Understand how the theory of individualized leadership has broadened the understanding of relationships between leaders and followers. • Describe some key characteristics of entrepreneurial leaders. CHAPTER OUTLINE 47 Col. Joe D. Dowdy and Maj. Gen. Leader’s Bookshelf 36 The Trait Approach James Mattis, U.S. Marine Corps 38 Give and Take: A Revolutionary 41 Know Your Strengths 50 Denise Morrison, Campbell Soup Approach to Success 43 Behavior Approaches Company, and Michael Arring- Leadership at Work 52 Individualized Leadership ton, TechCrunch 58 Your Ideal Leader Traits 55 Entrepreneurial Traits and Leader’s Self-Insight Leadership Development: Behaviors 40 Rate Your Optimism Cases for Analysis In the Lead 47 What’s Your Leadership 58 Consolidated Products 40 Marissa Mayer, Yahoo Orientation? 60 Transition to Leadership 45 Warren Buffett, Berkshire 55 Your ‘‘LMX’’ Relationship Hathaway oon after her husband was elected the first African American president in the United States, Michelle Obama appeared on ‘‘The Tonight Show’’ wearing a S stylish outfit consisting of a pencil skirt, a yellow and brown tank top, and a mustard yellow cardigan.
    [Show full text]
  • The Untold Story Behind Apple's 'Think Different' Campaign
    The untold story behind Appleʼs ‘Think Differentʼ campaign | Computerworld 3/1/19, 505 AM About ! APPLE HOLIC Appleholic, (noun), æp·əl-hɑl·ɪk: An By Jonny Evans, Computerworld imaginative person who thinks about JUNE 17, 2015 02:49 AM PT what Apple is doing, why and where it is going. Delivering popular Apple-related news, advice and entertainment since 1999. NEWS The untold story behind Apple’s ‘Think Different’ campaign It was inspired by Rene Magritte’s seminal surrealist work, 'Ceci n’est pas une pipe' Legend has it that way back when the PC dinosaurs still walked the Earth, returning company co-founder Steve Jobs sought a mantra to show Apple was back in business, and the acclaimed ‘Think Different’ Think Different with Muhammed Ali. The untold story behind Appleʼs ‘Think Differentʼ campaign | Computerworld 3/1/19, 505 AM Sketch different You could argue the huge success of the campaign is a key reason that Apple and Steve Jobs remain so deeply recognizable. I thought some readers would be interested in something new I've learned about the genesis of the campaign, which turns out (or so it is claimed) to be the brainchild of Chiat\Day art director, Craig Tanimoto. Here’s what happened, according to Jonathan Littman, who spent two days with Tanimoto researching his next book: “Apple was in trouble, big time. They had only 90 days of money left,” said Tanimoto. “Steve was back at the helm, but the big question was, were they going to survive?” In 1997, the agency needed a big idea for a big problem.
    [Show full text]
  • Frame by Frame
    FRAME BY FRAME by Glen Ryan Tadych As we celebrate Thanksgiving and prepare Watching it as an adult though is a different experi- ences go, “What is this?!” And while this factor is for the holiday season, some of cinema’s most ence sure enough, as I’m able to understand how what made Toy Story memorable to most audiences Lasseter’s work on the short film and other TGG anticipated films prepare to hit theaters, most the adult themes are actually what make the film so upon leaving the theater, the heart of the film still projects landed him a full-time position as an notably Star Wars: The Force Awakens. This moving. lies beneath the animation, the impact of which is interface designer that year. However, everything past Wednesday, Disney and Pixar’s latest what makes Toy Story a classic. changed for TGG in 1986. computer-animated adventure, The Good Today, I see Toy Story as the Star Wars (1977) of Dinosaur, released nationwide to generally my generation, and not just because it was a “first” Toy Story’s legacy really begins with Pixar’s be- Despite TGG’s success in harnessing computer positive reception, but this week also marked for the film industry or a huge critical and commer- ginnings in the 1980s. Pixar’s story begins long be- graphics, and putting them to use in sequences another significant event in Pixar history: the cial success. Like Star Wars, audiences of all ages fore the days of Sheriff Woody and Buzz Lightyear, such as the stained-glass knight in Young Sherlock 20th anniversary of Toy Story’s original theatri- worldwide enjoyed and cherished Toy Story because and believe it or not, the individual truly responsible Holmes (1985), Lucasfilm was suffering financially.
    [Show full text]
  • Here's to the Crazy Ones
    CHIEF MEDICAL EDITOR’S PAGE s HERE’S TO THE CRAZY ONES he famous “1984” the answer was, “That’s just brilliant for introducing commercial is how it’s done,” I wouldn’t scrambling to the NFL. regarded as one of accept it. I would push to Before him, quarterbacks the greatest advertise- make it better, any way didn’t try to slip away from ments of all time. It I could. sacks. It took 40 years for helpedT put Apple on the I saw so many of my someone to realize that, map. While I can respect peers looking at things when a 300-pound man is the disruptive spirit of through the same lens, and trying to tackle you, you “1984,” I personally prefer it was blinding their abil- should run away. Really? Apple’s “Here’s to the Crazy ity to innovate. I realized Of course, for every suc- Ones” commercial. that if I wanted to change cess like these, there are a First airing in 1997, it ophthalmology, I didn’t thousand failures. It sure features black-and-white need to be talented. I just felt like that for me, any- footage of iconic per- needed to think differently. way. But no matter how sonalities such as Albert That was the real brilliance bitter those defeats, the Einstein, Muhammad of the ad, by the way. It taste of one victory made Ali, Amelia Earhart, and introduced the great- it all worthwhile. Pablo Picasso. Narrated by est tagline ever written: Our focus in this issue Richard Dreyfuss, it starts, “Think different.” of GT is innovations in “Here’s to the crazy ones.
    [Show full text]
  • 40 Lessons from 40 Years of Apple Ads
    40 Lessons from 40 Years of Apple Ads Apple was founded on April fools day in 1976. It’s first office was Steve Jobs’ parents’ garage: And it’s first products were humble: Steve Jobs was obsessed with poets, and he and Woz both drew inspiration from one of the best, Bob Dylan. Any great folklorist will tell you that Apple’s origins met the primary criteria for future exaltation. They were humble, poor, and hard working. From those origins, Apple has grown to a global behemoth with over $269 billion dollars in the bank. One of the (many) things that helped Apple get to where it is today is a mastery of advertising. This article presents 40 of the best Apple ads over 40 years and draws 40 lessons from each. It spans 1977’s “Simplicity” all the way to “The Rock x Siri Dominate the Day.” 1977 — “Simplicity” (https://archive.org/details/Apple_II_-_Simplicity_is_the_ultimate_sophistication) “Apple II will change the way you think about computers.” This is an introduction to the Apple II. It displays the features of the device with a clear emphasis on personal computing. The idea of having a personal computer was very new at the time; many people didn’t think there was a use for a computer at home. The lesson: When you’re introducing something new, keep it simple. 1978 — “Bestselling” (http://www.macmothership.com/gallery/MiscAds/a2bestselling1.jpg) “Since we developed Apple II in April 1977, more people have chosen our computer than all other personal computers combined.” Apple opens the brochure with the above quote, providing social proof from buyers.
    [Show full text]
  • Apple Computer: the Iceo Seizes the Internet
    UC Irvine Globalization of I.T. Title Apple Computer: The iCEO Seizes the Internet Permalink https://escholarship.org/uc/item/4sq9672p Author West, Joel Publication Date 2002-10-01 eScholarship.org Powered by the California Digital Library University of California Apple Computer: The iCEO Seizes the Internet October 2002 JOEL WEST Center for Research on Information Technology and Organizations University of California, Irvine CRITO (Center for Research on Information Technology and Organization) University of California, Irvine 3200 Berkeley Place North Irvine, California 92697-4650 949.824.6387 Tel. 949.824.8091 Fax [email protected] ______________________________________________________________________________ Center for Research on Information Technology and Organizations University of California, Irvine | www.crito.uci.edu Apple Computer: The iCEO Seizes the Internet Joel West <[email protected]> Center for Research on Information Technology and Organizations University of California, Irvine http://www.crito.uci.edu/ October 20, 2002 Contents 1. From Innovation to Crisis...................................................................................... 2 Go-it Alone Standards Strategy .....................................................................3 Failure to Respond to Windows Challenge.................................................... 3 2. Revised Business Strategy .....................................................................................4 Technology....................................................................................................
    [Show full text]
  • Spot on the Women’S New York Fashion Party in Los Angeles Tonight Featuring for More Career Opportunities Log on to Wwdcareers.Com
    LONDON HE ADING ALL ABOUT WEST ACCESSORIES INSPIRATIONS NATALIE RATABESI WHAT DESIGNERS SAY ABOUT JOINS VINCE IN LONDON MEN’S BRANDS SAY L.A. AS CREATIVE THEIR FALL COLLECTIONS FOR ACCESSORY SALES ARE BOOMING, DIRECTOR AFTER AND THEY’RE FOCUSING ON THE LONDON COLLECTIONS: MEN. EXITING HER POST CATEGORY MORE THAN EVER. PAGES MW2 AND MW3 AT PHILOSOPHY IN PAGE MW1 MILAN. PAGE 2 THE ‘MICKEY PREMIUM’ J. Crew’s Challenge: What’s It Worth? By EVAN CLARK WHAT MIGHT BE J. CREW GROUP’S greatest asset — the exacting and merchandising-infused leadership of Millard “Mickey” Drexler — has become something of a complication for the company’s private equity owners as they consider selling the retailer. THURSDAY, JUNE 5, 2014 ■ $3.00 ■ WOMEN’S WEAR DAILY Drexler, the driving force behind Gap Inc.’s suc- WWD cess in the Nineties, is the rare executive who’s seen as having the magic touch by both Wall Street and the fashion crowd. His hands-on approach and ability to pick product helped put J. Crew back on the map when he took the helm as chief executive offi cer and chairman in 2003. And he will be a very diffi cult man to replace when he decides to step down. Especially now that the company is experiencing a period of slower growth. Late Wednesday, J. Crew said refi nancing costs pushed it to a loss in the fi rst quarter, while adjusted earnings fell and comparable company sales declined 2 percent (after 5 percent growth a year earlier). It was J. Crew’s promise under Drexler that attract- ed deep-pocketed investors TPG and Leonard Green Spot & Partners, who teamed up with the ceo to take the retailer private in 2011 for $3 billion — a price that refl ected what might be called a “Mickey Premium.” They bought not only the company, but Drexler’s stew- 2015 ardship and aura.
    [Show full text]